Shyama Prasad Mukherjee Port signs MoU with NTPC NGEL

Insight Online News

Kolkata, Sep 26 : Shyama Prasad Mukherjee (Kolkata) has signed an MoU with NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of India’s leading integrated power producer NTPC Limited, for the development of a Green Hydrogen hub in this city, official sources said on Tuesday.

The Memorandum of Understanding (MoU) was signed between Bimal Gopalachari, AGM (NGEL) and Amit Kumar Kar, CME (SMPK) in the presence of Mohit Bhargava, CEO (NGEL) and other senior

officials of NTPC and SMPK on Monday in New Delhi.

NTPC is India’s largest power utility, having a total installed capacity of 73+ GW. It’s wholly owned subsidiary, NGEL, is taking up Renewable energy capacity addition, including projects for green hydrogen and energy storage. The group aims for 60 GW of RE capacity by the year 2032, with 3.2 GW of installed, and over 20 GW in pipeline.

The Syama Prasad Mukherjee Port, is an autonomous body under the Ministry of Ports, Shipping, Waterways.

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